Wednesday, December 30, 2015

Our financial support of the UN

Did you know that the Obama Administration does not divulge how much the US gives to the UN? George Russell writes at Fox News,
Last year, the U.S. handed over $3 billion toward the U.N.’s so-called “regular” Secretariat budget and its peacekeeping forces, though the full amount of U.S. contributions to the U.N. system -- the Obama administration does not divulge them -- was much more.

The last official tally of overall U.S. contributions, in 2010, was about $7.6 billion, and that was widely considered a low-ball figure.

The basis of U.S. giving is the U.N. assessments scale -- currently set so that the U.S. pays 22 percent of the so-called “regular” U.N. Secretariat annual budget (about $2.8 billion in 2015), and 28.36 percent of its peacekeeping budget, which has ballooned in the past few years to $8.47 billion in 2014-2015.

The bigger the overall bills, the bigger is the share in dollar terms the U.S. must pay because of its outsized dues percentages.
Read more here.

h/t David Adams

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